Indian markets are expected to open flat as investors await news on the India-U.S. trade deal. Commerce minister Piyush Goyal highlighted a term contract for importing 2.2 million tons of LMG from the U.S. as a positive sign. A senior Trump administration official mentioned that a trade deal could be reached soon. Sensex and Nifty closed slightly lower yesterday. Asian markets stabilized after a three-day sell-off. Oil prices dipped due to rising U.S. stockpiles. Gold traded flat. U.S. stocks fell to their lowest levels in a month. Home Depot forecasted a steeper drop in annual profit. Data showed an increase in jobless claims and a rebound in U.S. manufactured goods orders. European stocks slumped to one-month lows, with Stoxx 600, DAX, CAC 40, and FTSE 100 all declining.

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